RPPL responds to NSE query; Q4 FY26 results clarified, JV fully impaired
RPPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NSE sought clarification on filing format and why Q4 FY26 standalone and consolidated figures are identical. The company explained that its only joint venture, Olive Ecopak, was fully written off in Q3 FY25 under Ind AS 28, so no further losses are recognized, making standalone equal to consolidated. Auditors confirmed compliance. FY26 standalone profit before tax rose to Rs 2,286 lakhs from Rs 1,941 lakhs, with EPS of Rs 2.32 versus Rs 1.96. JV carrying value is now nil, meaning no future upside from that business.
JV fully impaired, capping recovery hopes. FY26 profit grew about 18 percent on operations. Filing query is now closed.